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Train your golf swing at home with this $190 simulator bundle
Train your golf swing at home with this $190 simulator bundle
TL;DR: As of July 1, you can get access to the Phigolf World Tour Edition
2023-07-01 18:26
Fortnitemares 2023 Skins and Weapons Leaked
Fortnitemares 2023 Skins and Weapons Leaked
Fortnitemares 2023 skins and weapons have leaked ahead of Fortnite's Halloween event, revealing the return of Witch Brooms and new holiday skins.
2023-09-27 01:54
Mortal Kombat 1 Omni Man Release Date
Mortal Kombat 1 Omni Man Release Date
Omni-Man will be released in Mortal Kombat 1 in October 2023 as the first DLC character coming to the new title.
2023-09-29 23:26
How to Download Music From Spotify
How to Download Music From Spotify
Music-streaming services like Spotify put millions of songs at your fingertips—provided you have an internet
2023-07-18 22:22
Bose reveals QuietComfort Ultra headphones and earbuds with 'immersive audio' tech
Bose reveals QuietComfort Ultra headphones and earbuds with 'immersive audio' tech
TL;DR: As of Sept. 14, you can preorder the new Bose QuietComfort Ultra Headphones and
2023-09-15 04:19
GameStop terminates Matt Furlong as CEO
GameStop terminates Matt Furlong as CEO
(Reuters) -GameStop said on Wednesday Matt Furlong has been terminated as CEO and the board has appointed billionaire Ryan Cohen
2023-06-08 04:26
MrBeast claims to garner 100M weekly views per video, fans ask, 'Why aren't you uploading them to X?'
MrBeast claims to garner 100M weekly views per video, fans ask, 'Why aren't you uploading them to X?'
MrBeast's 100M average view count is the biggest in his channel's history
2023-08-25 20:52
Typo sends millions of US military emails to Russian ally Mali
Typo sends millions of US military emails to Russian ally Mali
Some of the emails reportedly contain sensitive information such as passwords and medical records.
2023-07-18 02:28
Top US Chip Gearmaker Accuses China Rival of 14-Month Spy Spree
Top US Chip Gearmaker Accuses China Rival of 14-Month Spy Spree
Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal
2023-06-15 15:46
Swiss Central Bank Slashed AMC Stake, Sells Apple, Nvidia, and Tesla Stock
Swiss Central Bank Slashed AMC Stake, Sells Apple, Nvidia, and Tesla Stock
The Swiss National Bank sold most of its investment in AMC stock, and cut back in Apple, Nvidia, and Tesla investments in the third quarter.
2023-11-26 21:24
Microsoft Says DDoS Attack Caused Outlook, OneDrive Service Disruption
Microsoft Says DDoS Attack Caused Outlook, OneDrive Service Disruption
Microsoft confirmed disruption to its Microsoft 365 apps earlier this month was due to a
2023-06-19 19:24
Ireland and Apple await major development in long-running EU tax dispute
Ireland and Apple await major development in long-running EU tax dispute
EU lawmakers are awaiting an announcement which is seen as major step in the drawn-out dispute over tax arrangements between technology giant Apple and Ireland. The advocate general at the European Court of Justice is to issue an opinion on Friday morning about whether Apple will be forced to pay more than 13 billion euro in back taxes to Ireland. While the opinion of the advocate general is non-binding, it is usually followed by the court and therefore could have significant implications for corporation tax bills. Ireland had fought the European Commission over the matter due to concerns over an intrusion on Irish sovereignty and potential impacts to investment in the country. There was no sweetheart deal Finance Minister Michael McGrath In 2016, following an EU investigation which launched in 2014, the commission concluded that Ireland gave undue tax benefits of 13.1 billion euro to Apple, which is illegal under EU state aid rules. The commission said that tax rulings issued by Ireland to Apple in 1991 and 1997 substantially and artificially lowered the tax paid by the iPhone manufacturer in the country since 1991, in a way which did not correspond to economic reality. As a result, competition commissioner Margrethe Vestager said Ireland had granted illegal tax benefits which enabled it to pay substantially less tax than other business over many years. The investigation found that Apple had paid an effective corporate tax rate of 1% on its European profits in 2003, down to 0.005% in 2014 – 50 euro for every one million euro of profit. The process involved recording almost all sales profits of two Irish incorporated companies, which the commission said only existed on paper. The companies, fully owned by Apple, held the rights to use the firm’s intellectual property to manufacture and sell its products outside North and South America. The commission said this situation allowed Apple to avoid taxation on almost all profits generated by sales of its products in the entire EU single market. It said this was due to Apple’s decision to record all sales in Ireland rather than in the countries where the products were sold. The findings were disputed by the Irish State – which said all tax owed had been collected – and Apple, which had come under scrutiny in the US for its tax practices years earlier. At the time, Apple’s chief executive, Tim Cook, branded the EU findings as “political crap”, maddening and untrue. The Irish Government, which was also used to defending a comparatively low 12.5% corporation tax rate, said Europe had overstepped the mark in attempting to dictate tax laws and enforce retrospective taxes decades later. Ireland and Apple fought the commission on the matter and in July 2020, the General Court of the European Union annulled the decision. However, the commission subsequently appealed the decision to the European Court of Justice with Ms Vestager saying the lower court’s ruling contained “errors of law”. The European Court of Justice’s advocate general is to give a legal opinion on the dispute ahead of the court’s final decision. That decision is expected next year and will have significant implications for how member states grant tax breaks to major firms. Apple has argued it has been paying tax on the profits in question in the US, while Ireland has seen it necessary to defend its reputation on taxation issues to protect foreign direct investment. Last weekend, Finance Minister Michael McGrath said the advocate general’s opinion will be “significant” but added it is not the final step in the process. Mr McGrath said: “We are confident in our position in respect of the Apple case. We take encouragement from the findings they have made so far, but it is a significant day.” He added: “There was no sweetheart deal. This was the application of Ireland’s statutory corporation tax code.” In the interim, the 13.1 billion euro has been held in an escrow fund pending the outcome of the case. The money, with interest, is due to be entered into the Irish exchequer if the commission wins the case. However, other member states may make claims that they are owed some of the money. If the commission loses the appeal, the large sum will be returned to Apple.
2023-11-09 11:18